Fari Hamzei

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Finance

This is 2020 in a nutshell: -Dow hits 30,000 for first time ever (+62% since March 23) -Meanwhile, thousands wait in line for free food in Houston. Food banks across the US warn of growing need. Over 20 million are on unemployment aid (photo by @MeridithKohut  )

Read this: What Mnuchin is doing is making it virtually impossible for Janet Yellen to deploy $455 billion in unspent Cares Act funding on her own. He'll leave her with less than $80 billion in her pot. Scoop from @SalehaMohsin 

Queensland to open border to Victorians from December 1 (one for the Australians)

Penn-Wharton’s budget team has produced new estimates of the effects of Joe Biden’s fiscal proposals. #CatoEcon 's @CatoEdwards  reports... #Cato2020 

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The Dow jumped to an all-time high in early Tuesday trading touching the 30,000 mark for the first time in history

Texas hospitals prepare to administer Covid vaccine shots in less than three weeks

Israel and Canada are friends & allies. To claim I suggested otherwise, and to invent a comparison I never made, is dishonest & cynical. Canadians deserve better from their political leaders, @ErinOTooleMP . I trust you will apologize for your deliberately dishonest comments today.

Dow closed >30,000 for the first time ever and investors piled into risk assets as a series of market-friendly developments unleashed animal spirits on Wall Street.

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The official transition process has now begun. Officials from the Departments of Defense, State and Homeland Security today started meeting with members of the @JoeBiden  transition team. All other federal agencies will now follow suit. 57 days until Inauguration.

Tonight on @NBCNightlyNews : President-elect Biden talks exclusively with @LesterHoltNBC  in his first interview since the election and discusses forging ahead with the transition of power, and managing the Covid-19 crisis.

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